Hello Everyone
First of all, all of my analysis are for educational/study purposes only and should not be taken as an investment advice.
Both USDT and Btc pairs looks bullish. As long as the price manages to hold above the red line, there won't be much of a resistance. Although for further in-depth analysis, traders should take a look at Daily and H4 timeframes as well.
This is another one that I feel will recover in the coming days/weeks...
It is likely that the low was hit back 7-Jan... Notice the high volume after this date... Notice the very low volume before this date.
We have bullish divergence with the MACD and RSI, a long-term one, and recently prices trading above EMA10.
Patience is key... That's the theme of this...
We see bear flag in sxpbtc pair. Although price is somewhere in the accumulation in 0.91-0.98 range before the next move. A bear flag in btc pair indicates the next move up. Just wait for the breakout from the downtrend.
Testing 0.00005200 satoshi zone. Should bounce from here. Wait for the confirmation and to reclaim 0.00006 again. This level is important to be hold. For long term this dips are just awesome.
